922 St Peter StGonzales, TX 78629

Property Details for 922 St Peter St

Property size (Sq ft)

5,200 SF

Property type

Self storage facilities

Description

This exceptional 47-unit self-storage facility presents a compelling value-add investment opportunity in Gonzales, Texas. Located at 922 St Peter St, 78629, the property boasts a total of 5,200 square feet of rentable space, spread across 32 traditional units and two repurposed shipping containers. The property sits on a sizable 19,730 square foot lot, offering potential for future expansion and increased revenue generation. Currently operating under a gross lease, the facility enjoys a strong pro-forma NOI of $36,179, translating to an attractive pro-forma cap rate of 9.04%. The asking price is $400,000, representing a price per square foot of $76.92. This represents a significant opportunity for investors seeking a high-yield, value-add asset in a growing Texas market. The property benefits from excellent access and a low tax rate, further enhancing its investment appeal. The existing infrastructure provides a solid foundation for immediate income generation, while the ample land and potential for expansion offer significant upside potential for long-term growth. This is a rare opportunity to acquire a well-positioned self-storage facility with proven performance and substantial room for future development. The multi-tenancy structure provides diversification and resilience, making it an attractive investment for both seasoned and emerging investors.

Location Insight

City

Gonzales

County

Gonzales

State

Texas

Latitude

29.5072

Longitude

-97.4522

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].